Brazil Biopharmaceutical Excipients Market Size & Outlook
Brazil biopharmaceutical excipients market, 2018-2030 (US$M)
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Brazil biopharmaceutical excipients market highlights
- The Brazil biopharmaceutical excipients market generated a revenue of USD 57.4 million in 2023 and is expected to reach USD 52.3 million by 2030.
- The Brazil market is expected to grow at a CAGR of -1.3% from 2024 to 2030.
- In terms of segment, carbohydrates was the largest revenue generating product in 2023.
- Specialty Excipients/Others is the most lucrative product segment registering the fastest growth during the forecast period.
Biopharmaceutical excipients market data book summary
| Market revenue in 2023 | USD 57.4 million |
| Market revenue in 2030 | USD 52.3 million |
| Growth rate | -1.3% (CAGR from 2023 to 2030) |
| Largest segment | Carbohydrates |
| Fastest growing segment | Specialty Excipients/Others |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Specialty Excipients/Others, Solubilizes & Surfactants/Emulsifiers, Polyols, Carbohydrates |
| Key market players worldwide | Merck KGaA, Basf SE, Associated British Foods PLC, IMCD NV, Clariant AG, Evonik Industries AG, Colorcon, Sigachi, Spectrum Chemical Manufacturingrp, Roquette America, DFE Pharma, J. Rettenmaier & Söhne |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.2% of the global biopharmaceutical excipients market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico biopharmaceutical excipients market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 62.8 million by 2030.
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Biopharmaceutical Excipients Market Scope
Biopharmaceutical Excipients Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil biopharmaceutical excipients market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biopharmaceutical excipients market will help companies and investors design strategic landscapes.
Carbohydrates was the largest segment with a revenue share of 35.89% in 2023. Horizon Databook has segmented the Brazil biopharmaceutical excipients market based on specialty excipients/others, solubilizes & surfactants/emulsifiers, polyols, carbohydrates covering the revenue growth of each sub-segment from 2018 to 2030.
A number of initiatives undertaken in Brazil, such as strategic alliances to manage costs along with expansion of local production capacity, are expected to create lucrative growth opportunities for drug manufacturers.
Thus, international drug manufacturers prefer Brazil as a lucrative market for expansion. In addition, Brazilian pharmaceutical industry has witnessed rapid growth since 2004 and is anticipated to do so in the near future.
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Target buyers of Brazil biopharmaceutical excipients market databook
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Our clientele includes a mix of biopharmaceutical excipients market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil biopharmaceutical excipients market , including forecasts for subscribers. This country databook contains high-level insights into Brazil biopharmaceutical excipients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil biopharmaceutical excipients market size, by product, 2018-2030 (US$M)
Brazil Biopharmaceutical Excipients Market Outlook Share, 2023 & 2030 (US$M)
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